Private Equity Firm Sentinel Capital Expands to 35K SF at One Vanderbilt
Private equity firm Sentinel Capital Partners has expanded to 34,737 square feet at One Vanderbilt. The deal gives Sentinel an additional 7,134 square feet of office space on a portion of the tower’s...
View ArticleHedge Fund Castle Hook Takes Penthouse Office at Related’s 625 Madison Avenue
New York-based hedge fund manager Castle Hook Partners has landed the penthouse office lease at Related Companies’ upcoming 625 Madison Avenue tower. According to a memorandum of lease filed in city...
View ArticleElysee Investments Buys Shopping Center Near Waterford Business District for...
Elysee Investments paid $28 million for a relatively new, fully leased shopping center near Miami’s Waterford Business District. Called Blue Lagoon Shoppes, the 29,205-square-foot property at 1101...
View ArticleBrixmor Property Group, Everview Partners Acquire Slate Grocery REIT for $2.34B
One of the largest owners of shopping centers in the U.S. just got bigger. Brixmor Property Group, a $9 billion publicly traded real estate investment trust (REIT) and holder of a portfolio of 346...
View ArticleSolidcore Signs Lease for Fitness Studio at 1695 Second Avenue on Upper East...
A strength training brand has signed a retail lease on Manhattan’s Upper East Side. Solidcore, a national fitness chain that offers high-intensity workouts, took the entire retail component of...
View ArticleMen’s Grooming Club John Allan’s Moves to 4 East 46th Street
A men’s grooming and hair brand is moving its flagship location to Midtown East. John Allan’s signed a 3,000-square-foot lease at Jeong Hoon Kim’s 4 East 46th Street, where it will provide an exclusive...
View ArticleToys R Us Bets on Brick and Mortar With 120 New Stores
Toys R Us operator WHP Global has an ambitious plan to open 120 U.S. stores this holiday season. The private equity-backed brand-management company partnered with Go! Retail Group, a seasonal pop-up...
View ArticleMainstay Raises $18M and Acquires Truelist
Mainstay, a system of record for residential real estate, announced that it raised $18 million and acquired Truelist, an artificial intelligence-powered listing platform for brokers and agents. Carved...
View ArticleThe Quantum Coast: Meet America’s Top New Tech Hub
Along the coast between Silicon Valley and Southern California, another major industry hub is forming for a new kind of technological innovation. Quantum computing utilizes quantum mechanics to vastly...
View ArticleMavik Loans $229M in Construction Financing for Tempe Multifamily
Empire Group of Companies has secured $229 million in construction financing to build Revelry, a 533-unit, two-building multifamily complex near Arizona State University in Tempe, Ariz., Commercial...
View ArticleOffice CMBS Delinquency Rate at Highest Level This Decade
The office commercial mortgage-backed securities (CMBS) delinquency rate reached 13.2 percent in August 2026, the highest reading since at least 2019 and up from 8.1 percent in July 2024. That is...
View ArticleMarco Caffuzzi of Latham & Watkins: 5 Questions
Three decades of negotiating high-profile real estate deals will teach you how to spot a good opportunity, and Marco Caffuzzi found his at Latham & Watkins. This year, the veteran real estate...
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Higher Forever: How Surging Treasury Yields Are Impacting Commercial Real Estate
As Green Day once sang, “Wake me up when September ends.” Considering what happened to key borrowing rates recently, that might be good advice for commercial real estate folks. On Sept. 23, yields on...
View ArticleIn Construction Lending, It’s a Good Time to Be the Right Borrower
New U.S. residential construction declined in August in one of the weakest monthly performances since the pandemic, with housing starts overall down 2.6 percent and multifamily starts plummeting nearly...
View ArticleSunday Summary: Let the Sunshine In!
For those of you who have been drenched by the dreaded nor’easter and are looking for a little relief, the best cure is sunshine. Specifically, Corcoran Sunshine. Last week, Commercial Observer sat...
View ArticleU.S. Government Pays $285M for Defense Health Agency HQ in Northern Virginia
The federal government has acquired the Defense Health Agency’s Northern Virginia headquarters for $285 million, adding another large leased office campus to the nation’s real estate portfolio. The...
View ArticleConstruction Firm Brasfield & Gorrie Inks 19K-SF Lease in Broward County
Construction firm Brasfield & Gorrie is relocating in South Florida, from Coral Gables to Weston, where it signed a 19,330-square-foot lease. The general contractor will move into the Weston...
View ArticleDevelopers File Plans for 402-Unit Housing Project Along Astoria Waterfront
A pair of Astoria developers has filed plans to build 402 housing units in the World’s Borough. Dominick Acquista and Lorenzo Devardo, under the shell corporation Across the River Realty Development,...
View ArticleLegion Investment Group, SMA Equities Pair on 300K-SF UES Resi Project
Legion Investment Group and SMA Equities have teamed on a 300,000-square-foot residential development rising on Manhattan’s Upper East Side. The new partnership secured a $99 million pre-development...
View ArticleHarbor Associates Sells Office Campus in North L.A. County for $32M
Strauss Investments has acquired a smaller two-building office campus in northern Los Angeles County for $32 million. The San Diego-based investor purchased Commons at Valencia, a 157,189-square-foot...
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